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Off-Topic Stock Market & Crypto Discussion

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mr.h said:
ADP Nonfarm Employment Change (Jul) 122K 147K 155K
Employment numbers down
Click to expand...
Wage growth down also…..
WASHINGTON— The Fed’s long-awaited interest rate cut – a move that’s likely to juice the U.S. economy and stock market - may be just weeks away.

The Federal Reserve held its key interest rate steady again Wednesday but signaled it could start lowering it as soon as mid-September amid easing inflation and a cooling job market.

A report Wednesday morning provided the latest evidence that wage growth is slowing, bolstering the case for rate cuts.
Boom!
 
mr.h said:
Wage growth down also…..
WASHINGTON— The Fed’s long-awaited interest rate cut – a move that’s likely to juice the U.S. economy and stock market - may be just weeks away.

The Federal Reserve held its key interest rate steady again Wednesday but signaled it could start lowering it as soon as mid-September amid easing inflation and a cooling job market.

A report Wednesday morning provided the latest evidence that wage growth is slowing, bolstering the case for rate cuts.
Boom!
Click to expand...
Hope so. I signed a floating rate when I signed for the house. We close end of September.
 
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USD Initial Jobless Claims 249K 236K 235K
08:30 USD Jobless Claims 4-Week Avg. 238.00K 235.50K
08:30 USD Nonfarm Productivity (QoQ) (Q2) 2.3% 1.7% 0.4%
08:30 USD Unit Labor Costs (QoQ) (Q2) 0.9% 1.8% 3.8%
Productivity Growth
Jobless claims up…lower rates **** it……lol

*AAPL and Amazon report after the bell
 
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08:30 USD Average Hourly Earnings (YoY) (YoY) (Jul) 3.6% 3.7% 3.8%
08:30 USD Average Hourly Earnings (MoM) (Jul) 0.2% 0.3% 0.3%
08:30 USD Average Weekly Hours (Jul) 34.2 34.3 34.3
08:30 USD Government Payrolls (Jul) 17.0K 43.0K
08:30 USD Manufacturing Payrolls (Jul) 1K -1K -9K
08:30 USD Nonfarm Payrolls (Jul) 114K 176K 179K
08:30 USD Participation Rate (Jul) 62.7% 62.6%
08:30 USD Private Nonfarm Payrolls (Jul) 97K 148K 136K
08:30 USD U6 Unemployment Rate (Jul) 7.8% 7.4%
08:30 USD Unemployment Rate (Jul) 4.3% 4.1% 4.1%

Earnings down
Non farm payrolls down
Unemployment Rate up
Slowdown happening
Fed doing nothing raises alarm.
 
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mr.h said:
08:30 USD Average Hourly Earnings (YoY) (YoY) (Jul) 3.6% 3.7% 3.8%
08:30 USD Average Hourly Earnings (MoM) (Jul) 0.2% 0.3% 0.3%
08:30 USD Average Weekly Hours (Jul) 34.2 34.3 34.3
08:30 USD Government Payrolls (Jul) 17.0K 43.0K
08:30 USD Manufacturing Payrolls (Jul) 1K -1K -9K
08:30 USD Nonfarm Payrolls (Jul) 114K 176K 179K
08:30 USD Participation Rate (Jul) 62.7% 62.6%
08:30 USD Private Nonfarm Payrolls (Jul) 97K 148K 136K
08:30 USD U6 Unemployment Rate (Jul) 7.8% 7.4%
08:30 USD Unemployment Rate (Jul) 4.3% 4.1% 4.1%

Earnings down
Non farm payrolls down
Unemployment Rate up
Slowdown happening
Fed doing nothing raises alarm.
Click to expand...

Anyone see a calculation on the impact of higher rates causing inflation due to the government debt?

I did see an interesting short term solution: remove the taxes on the government bonds and T bills thus driving up demand for them thus reducing inflation.
 
90scane said:
Anyone see a calculation on the impact of higher rates causing inflation due to the government debt?

I did see an interesting short term solution: remove the taxes on the government bonds and T bills thus driving up demand for them thus reducing inflation.
Click to expand...

Its an interesting idea, but it would need a lot of analysis, because a large to very large percentage of treasuries are purchased by foreigners/governments/pension plans/charities/insurance companies/banks. Treasuries would then also compete with munis, which would be negative for those.
 
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Wait…I found the problem…
The current chairman is Jerome Powell, who was sworn in on February 5, 2018. He was nominated to the position by President Donald Trump on November 2, 2017, and later confirmed by the Senate.
 
mr.h said:
Wait…I found the problem…
The current chairman is Jerome Powell, who was sworn in on February 5, 2018. He was nominated to the position by President Donald Trump on November 2, 2017, and later confirmed by the Senate.
Click to expand...
Trump would fire him.
 
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mr.h said:
Wait…I found the problem…
The current chairman is Jerome Powell, who was sworn in on February 5, 2018. He was nominated to the position by President Donald Trump on November 2, 2017, and later confirmed by the Senate.
Click to expand...

Are you trolling or you seriously think thats the problem?
 
Health care, construction and Transportation are good additions, Leisure not so much, government even less so. With all of the money the government is spending on onshoring, the Manufacturing is very disappointing.
1722616769732.webp
 
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